answer text |
<p>The Developing Countries Trading Scheme is one of the most generous trade preferences
schemes in the world and provides duty free access on everything but arms to Least
Developed Counties.</p><p> </p><p>During the consultation into the scheme in 2021,
the majority of respondents that raised the issue of preference erosion for Least
Developed Countries did not specify individual product lines of concern. Those that
did, highlighted the following product lines: cocoa, sugar and bananas.</p><p> </p><p>Tariffs
remain unchanged for non-Least Developed Countries within the scheme on these product
lines.</p>
|
|